This research investigates how emotions contribute to financial panic using controlled laboratory stock market experiments. By combining sentiment analysis, facial expression recognition, and personality profiling, it aims to identify the emotional drivers of irrational selling behaviour and provide evidence for policies that promote greater financial market stability.

This research examines whether air pollution affects risk-taking behaviour. Using survey data from 40,000 Indonesians and satellite pollution measurements, it shows that higher pollution levels make people more risk-averse. Because risk preferences influence education, careers, entrepreneurship, and innovation, cleaner air may improve both health outcomes and economic decision-making.